Overview
- Billups entered a not guilty plea in Brooklyn federal court to wire fraud conspiracy and money laundering conspiracy and was released on a $5 million bond secured by his Colorado home.
- His release conditions include no gambling, no contact with co-defendants or alleged victims, surrender of his passport, and restricted travel to specified jurisdictions.
- Prosecutors say the case involves 31 defendants and alleges high-tech cheating in poker games—using X-ray tables, altered shufflers and hidden cameras—that defrauded victims of about $7 million with ties to the Bonanno, Gambino and Genovese families.
- Assistant U.S. Attorney Michael Gibaldi told the court plea negotiations have begun with some defendants; the next status conference is March 4, and the judge signaled a target to start trial in September 2026.
- Prosecutors allege Billups was used as a high-profile “face card” to attract players and that he received proceeds, including a $50,000 wire after an October 2020 game, as the NBA keeps him on leave and continues broader integrity reviews linked to related insider-betting allegations against Damon Jones and Terry Rozier.